What is the Gandhar Oil Refinery India Limited price band and lot size?

Gandhar Oil Refinery India Limited is priced at ₹160 – ₹169 per share with a lot size of 88 shares, so the minimum application is ₹14,872.

How much was Gandhar Oil Refinery India Limited subscribed?

Gandhar Oil Refinery India Limited was subscribed 64× in total across both exchanges.

How have IPOs like Gandhar Oil Refinery India Limited performed?

Of the 57 mainboard issues that listed in 2023 and that MarketPing can price, the median return since issue price is +39.4% and 40.4% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardGANDHAR

Gandhar Oil Refinery India Limited

Gandhar Oil Refinery India Limited is a mainboard IPO raising ₹500 Cr at ₹160 – ₹169 a share. It listed on 30 Nov 2023 and trades at ₹237 today, +40.2% against its issue price of ₹169. It was subscribed 64× in total.

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₹169

Issue price

₹237

Price now

+40.2%

Since issue price

30 Nov 2023

Listed on

64×Subscribed (final) · all exchanges

64.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

57 mainboard issues listed in 2023 that we can price today. This is the group this issue belongs to.

+39.4%

Median return since issue price

40.4%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB129×

Non-institutional62×

Retail29×

QIB: 129× their allocation. Retail: 29×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeNo subscription figure was published

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar2 banks

Official documents5 documents

Performance since listingComputed from our own daily closes

What happens when

22 Nov 2023Bidding opens

24 Nov 2023Bidding closes

29 Nov 2023Allotment finalised — you find out what you got

29 Nov 2023Money refunded to unsuccessful bidders

30 Nov 2023Shares list and start trading

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.